Fashion
Giorgio Armani foundation to name new CEO and retain 30% stake

By
Reuters
Published
September 12, 2025
The Giorgio Armani foundation, established in 2016 and a key pillar of the Italian designer’s succession, will propose the name of the group’s new CEO, Armani’s executive committee announced on Friday.
“The Fondazione … shall never hold less than 30% of the capital, thereby acting as a permanent guarantor of compliance with the founding principles,” the committee said in a statement.
The committee, established to oversee the succession after Armani’s death, includes the designer’s business and life partner Pantaleo Dell’Orco, members of the Armani family and senior managers.
“We affirm … our commitment to supporting this path in full respect of his wishes, united by the shared goal of securing the best possible future for the company and the brand,” the committee added in the statement.
© Thomson Reuters 2025 All rights reserved.
Fashion
Vintage concept Styx debuts in Porto with luxury fashion and art

Translated by
Nazia BIBI KEENOO
Published
September 12, 2025
Filipe Afonso and Ricardo Azevedo’s new vintage store, called Styx, which features signature pieces from brands such as Alexander McQueen, Dolce & Gabbana, Maison Margiela, Valentino, and Yves Saint Laurent, as well as an art gallery, opened its doors this summer at number 14 Rua do Heroísmo in Porto.
“We’re still amazed by the opening day! It far exceeded our expectations. Thank you to everyone who attended. It was amazing to meet so many nice and cool people — you’re all very special to us. That’s what motivates us, and we couldn’t be more excited about this new era,” say the mentors in a post published on the brand’s Instagram account.
“We’ll be adding new items regularly, and you’re always welcome to visit our art space Teodoro W. (@teodorowwww) in the basement, read a magazine or book, have a chat or a drink.”
“We’re open to proposals to occupy the space. If you have any ideas — events, activations, parties, collaborations, etc. — don’t hesitate to contact us,” they continue at @styxservice, adding: “You know where to find us,” from Tuesday to Sunday, from 11 a.m. to 7 p.m.

The name Styx comes from Greek mythology: “a goddess and also a river of the underworld, which marked the border and the contact between the world of the living and the dead,” they explain to NIP, confessing that it is “interesting that this image represents the way Styx works, resurrecting pieces from the past.”
After six months of buying and selling vintage and designer pieces online as a preview of their business, the two partners from Porto — trained in the arts and communication — opened Styx, where they bring together a diverse range of accessories, clothes, and shoes from various brands.

In short, the items on sale in this, Styx’s first physical store, are purchased online by the duo and/or in Portuguese and international fashion markets, as well as directly from those who come to the store to sell their own items. In the latter case, if they are not sold within two months, they are returned to their owner.
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Copyright © 2025 FashionNetwork.com All rights reserved.
Fashion
Acne Studios expands in France with redesigned historic HQ

Translated by
Nazia BIBI KEENOO
Published
September 12, 2025
Acne Studios acquires a major new showcase in Paris. Following the opening of its Stockholm headquarters dedicated to design in 2019, the Swedish brand, known for its avant-garde creations, is relocating to Paris, into a beautiful turn-of-the-century townhouse that once housed a pharmaceutical laboratory. The space, tucked away at the end of a courtyard at 48 rue des Petites-Écuries in the 10th arrondissement, brings together all the label’s departments, including part of the women’s and accessories design studios, in a décor blending traces of the past with contemporary works of art.
The design project was conceived by Jonny Johansson, co-founder and artistic director of Acne Studios, in collaboration with the Swedish architecture and design firm Halleroed, which has been collaborating with the brand for over ten years. “The space retains the raw grandeur of the laboratory and mansion built in the 1930s, enriched by a selection of contemporary artworks and furniture from Jonny Johansson’s close circle of collaborators,” the house said in a statement.
The mansion was built in 1926 by the Prevet family, the original owners of Gomenol. The laboratory, which occupied the premises until the 1980s, was renowned for its production of tinctures and plant-based oils, particularly an essential oil extracted from niaouli, Goménol. The former laboratory now features a spacious showroom on the ground floor, complete with raw concrete columns, an original vaulted glass ceiling, and white-painted walls, as well as a fitting room for VIP customers.
The idea was to harmoniously integrate these historic elements into the new layout. As Jonny Johansson explains: “Our main objective was to respect the history of the place while infusing it with a fresh, modern energy. The building itself has an incredible architectural presence. It’s steeped in history, and you can feel that when you walk through its rooms. We didn’t want to erase this effect.”
“On the contrary, we wanted to create a kind of dialogue between past and present, guided by the original structure. It’s important to preserve these traces of the past, not only out of respect, but also because it shapes the atmosphere and energy of the building and creates a basis for the kind of creative work we do,” he continued.
The entrance to the building, which serves as a reception area, retains meticulously restored gilded moldings, friezes, woodwork, and parquet flooring. Similarly, the canteen on the mezzanine floor features its original tiled floor. It features large, light-wood communal tables, which can also be used for meetings or work sessions. It adjoins a kitchen and leads to a sunken outdoor garden. The offices and design studio are on the first floor.
The entire building, which will accommodate around 80 employees, is adorned with designer furniture, including the garden seating and showroom sofas designed by British designer Max Lamb, a long-time collaborator of Acne Studios. The same goes for lighting artist Benoît Lalloz, who created a bespoke light installation. In addition, the courtyard features works of art, including Daniel Silver’s marble sculpture and candelabras by Sylvie Macmillan.
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Fashion
US’ textile & apparel import volume rises 5.13% in Jan-July

During this period, apparel imports rose by *.** per cent to **,***.*** million SME, up from **,***.*** million SME in January–July ****. Imports of textiles (non-apparel) reached **,***.*** million SME in the same period of ****, marking a *.** per cent increase compared with **,***.*** million SME in the corresponding period of ****. The faster growth in non-apparel textiles suggests robust demand from US industrial, home textiles and technical textile sectors.
The import volume of cotton products rose by *.** per cent to **,***.*** million SME during the review period, compared with *,***.*** million SME in the same period of the previous year. Imports of man-made fibre (MMF) products climbed to **,***.*** million SME in January–July ****, up from **,***.*** million SME in the same period of ****, OTEXA said. The strong performance of MMF imports reflects the ongoing shift towards synthetics driven by cost competitiveness, performance features and fashion trends.
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